While Medicare does not typically cover the cost of assisted living, there are financial assistance programs available that can help individuals with limited financial resources cover some of the expenses associated with assisted living. Here are some options: Medicaid: Medicaid is a joint federal and...
3. Lack of Funding: Reduced Medicaid reimbursements and other governmental funding have placed enormous financial pressure on these establishments. 4. Competition: Alternative care options, such as home healthcare, assisted living communities and adult day centers, are emerging as strong competitors. The...